Global Workforce
There is a lack of regulation to protect the ability of American workers to secure well-paying, decent jobs, which form the backbone of the middle class. There are a great number of threats to the stability of the American middle class as more and more businesses make decisions that are to the benefit of their profitability than to the welfare of their workers. Opportunity, health and wealth are most certainly spread equitably on a global level, nor can they be while countries that have been the dominant social and economic forces since WWII set the global agenda for to benefit their own middle class workers to the exclusion of the subsistence workers of underdeveloped nations. The policies are set through international policies including trade agreements, United Nations policy briefings, and regional agreements. Countries with little bargaining power are unable to influence the international policies which are set to regulate the distribution of labor and opportunity and are perpetually excluded from the best interest of vulnerable workforces being given consideration.
The global labor trend of braindrain, in which trained and educated workers from less affluent nations leave their nation of origin to make more money for the same work in more affluent nations. The result is that there are smaller trained workforces within less affluent nations available to provide medical care and support to vulnerable, less-wealthy populations. Less-wealthy nations over time develop historical relationships...
This is a serious economic, cultural, and political issue that affects the composition and compensations of workers in skilled industries and the nature of competition to fill positions with highly trained, underpaid staff.
One way in which to rectify the large disparities in global workforce opportunity, distribution, and management would be to create policies which regulate braindrain in a way that does not inhibit workers from underdeveloped nations from moving to other nations to seek greater economic opportunity. Economic development of underdeveloped nations is key to slowly eradicating the wage gulf between richer and poorer nations so that it becomes unfavorable for industrialized nations to outsource their labor to less affluent countries. At the same time, governments of industrialized countries must look as comprehensive policies, including tax breaks for not outsourcing and tax penalties for outsourcing, to incentivize keeping jobs from American companies in America.
All policies much be examined carefully to look at the impact upon the slim opportunity extant in underdeveloped nations. The IMF and World Bank could look at ways in which to subsidize the creation of industrial and economic development in less affluent nations and help enforce policies that would keep the control and ownership of these…
